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Plum launches its money management app in five more countries

TechCrunch

The company is launching its product in five new European countries — Italy, Portugal, the Netherlands, Greece and Cyprus. Plum is a money management app that helps you automatically set some money aside. This way, users can save money without any manual input. Plum users can also use the service to buy and sell shares.

Money 98
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France’s strategy for EU startup policies: Talent and money

TechCrunch

During the Portuguese Presidency of the Council of the EU, Portugal announced that it would go one step further and create the European Startup Nations Alliance (ESNA). Some national investment banks have also announced that they’ll invest money directly in large late-stage funds. More countries should join the list soon.

Policy 86
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Cajoo raises $40 million for its instant grocery delivery service

TechCrunch

French startup Cajoo is raising some money in order to compete more aggressively in the new and highly competitive category of food delivery companies. The service is currently live in 10 French cities — Paris, Neuilly-sur-Seine, Levallois-Perret, Boulogne-Billancourt, Lille, Lyon, Toulouse, Bordeaux and Montpellier.

Raise 90
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Brazil is using the law to push innovation, but here’s how it can do more

The Next Web

With immediate access to homegrown apps on their new smartphones, people can find services that are directly relevant to their needs (like local food delivery and Wi-Fi access finders). An example of a great startup incentive took place in Portugal, where tax reductions were offered to companies that hired unemployed workers or students.

Brazil 149
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Scalapay raises $155M at a $700M valuation as buy now, pay later services continue to boom

TechCrunch

The company’s service is based around being tightly integrated with online retailers’ check-out process and offering users an interest-free, three-installment way to pay for anything they purchase. The growth of buy now, pay later services has been one of big hallmarks of the pandemic-era e-commerce market.

Raise 92
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Lydia raises another $86 million to build a European financial super app

TechCrunch

You know that P2P is successful when they leave money in their account because they’re going to come back,” he said. With Lydia, you can send money to another user in just a few seconds. If you have money in your account, you can choose to spend it directly using a Visa debit card. And it’s been working well in France.

Raise 127
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Portugal’s Coverflex raises a €15M Series A to make employee benefits more flexible and engaging

TechCrunch

However, employee benefits engagement hovers around 20%, meaning companies waste a lot of money on unused packages. Coverflex , a startup out of Portugal, thinks it has at least part of the answers. The “employee benefits & well-being” market is said to be worth €200 billion, and Europe makes up more than 40% of that market.

Benefit 81